Tag Archives: Business

This was the final unit of the course. Our task was to come up with a business idea and support with a plan, cash flow forecast and a presentation. A lot of my class mates did brick and mortar businesses but I decided to base my business online, resulting in lower overheads.

This unit involves a lot of thinking and planning as well as having to structure a 12 month cash flow. At the end of it all you will have to pitch your business idea to your class and will be asked multiple questions – so you need to know your stuff!

I achieved a merit in this unit but I will not be sharing this final unit as my business plan is something I have been developing in real life. You will have to come up with your own business, try to be creative.

In this unit we took a look at the possible ethical problems facing a specific business, I went with Marks and Spencer. These issues could be in logistics, management or sales and marketing. We then had to take a look at the ethical concerns of the communities surrounding Marks and Spencer, this could be on a local, regional, national or global scale.

All of this unit is heavily text based and there are no presentations or screenshots. Make sure you stick to a structured layout in order to cover all the necessary points.

I achieved a pass for this unit as, like I said before, the lack of motivation was getting to me as I changed my career prospects.

This unit was all about internet marketing and its role in modern businesses. We went over some of the principal benefits that the internet offers to customers, these are things like; comparison sites, auction sites, availability and business hours. We also then looked at the benefits the internet brings to businesses, these are things like; low entry costs, customer individulisation and more ways to stay connected and communicate with customers.

All of the pass criteria is in powerpoint format and doesn’t involve much writing. We had to pick a business to write about, I chose Marks and Spencers, make sure you choose a business that is actively involved with internet marketing – it makes things easier.

I achieved a pass for this unit as, like I said before, the lack of motivation was getting to me as I changed my career prospects.

In this unit we looked at how to use programs such as Sage, Excel and MYOB in relation to business management. It involved a ton of screenshots showing the individual processes with each program, it was very tedious. There is also a section about the ratio analysis of balance sheets and profit and loss accounts which is probably the only main bit of written work for this assignment.

So, like I said, this unit doesn’t involve that much writing but a ton of screenshots. It’s ok but you have to know what you are doing with the program before you can take screenshots.

I achieved a pass for this unit as, like I said before, the lack of motivation was getting to me as I changed my career prospects. Oh and probably because this unit was long as hell.

In this unit we looked at the economics that are deeply involved in business. We went over the business cycle, growth, recession and how economies cope in each. In one of the tasks we had to construct a letter a MP about how the government spending could have an impact on our business – River Island in my case.

As you can probably guess, this unit involves a lot of writting but there is a clear structure to all the tasks. There is one presentation to be given in this unit and also involves a fair bit of writting about your chosen business.

I achieved a pass for this unit as, like I said before, the lack of motivation was getting to me as I changed my career prospects.

This unit was all about business law, it covered various statutes such as; The Sales of Goods Act 1979, Trade Description 1968, Unfair Contract Terms Act 1977 and Consumer Protection Regulations Act 2000. It looked at how consumers are protected by law binding contracts for the sales of goods and services.

The unit is heavily text based and requires a lot of structured framework for the assignments. There is one powerpoint presentation which is still got quite a bit of writing.

I achieved a pass for this unit as, like I said before, the lack of motivation was getting to me as I changed my career prospects.

This unit looked at all the issues when doing business internationally. This included looking at actions such as free trade, embargoes, subsidies, import quotas and tariffs.

Alot of this unit is lengthy written work with one short powerpoint presentation.

I achieved a pass in this unit. I think this was the point where I really had lost all interest in the course and did the bare minimum, my interests were set in t-shirt design which was a business venture I was doing on the side.

Author

Hey, I'm Jed Hatton. I recently finished my BTEC National Diploma in Business Level 3 and achieved DDM (320 UCAS points). This is a blog I created to help students on the course and allow them access to my two years worth of coursework.